The five private equity funds-of-funds will identify growth equity investment firms to invest 100% of capital to diverse- and women-owned businesses.
Minority-owned private equity fund-of-funds manager Fairview Capital Partners received a $5 million commitment from a local pension fund this week.
Minority-owned private equity firm Stellex Capital Management has received five commitments totaling $270 million in recent months, according to fin|daily reports.
More than $4.5 billion was allocated to emerging managers by public defined benefit plans over the past year, according to FIN Searches data.
A New England pension fund made real estate and private equity commitments at its board meeting today.
A Midwestern employees’ pension plan hired an infrastructure manager at its board meeting today.
A Midwestern university has renewed contracts with two investment managers.
A Southern foundation is focusing its social impact fund on COVID-19 recovery efforts and minority-led enterprises this year.
A New England-based 529 plan approved a subcontract with a firm to expand the scope of its investment consulting services at a meeting last month.
A Mid-Atlantic university is seeking an analyst to assist with the oversight of day-to-day executions of its investment operations.